The widow of a man who died after his Tesla veered off the road and crashed into a tree while he was using its partially automated driving system is suing the carmaker, claiming its marketing of the technology is dangerously misleading. The Autopilot system prevented Hans Von Ohain from being able to keep his Model 3 Tesla on a Colorado road in 2022, according to the lawsuit filed by Nora Bass in state court on May 3. Von Ohain died after the car hit a tree and burst into flames, but a passenger was able to escape, the suit says...
Continue ReadingAs many as 800 activists gathered outside Tesla’s factory near Berlin Friday to protest its expansion plans, and some of them clashed with police as they attempted to break into the plant...
Continue ReadingThe University of Michigan's Consumer Sentiment Index reported that preliminary data for the month of May fell below estimates, a six-month low of 67.4, which could complicate the Federal Reserve's mission to drive inflation down to 2%. Artificial intelligence developer OpenAI is reportedly developing an AI-powered search engine that could rival Alphabet's Google (GOOGL, GOOG), and it could drop as early as Monday, May 13 according to Reuters. Path Trading Partners Co-Founder and Chief Market Strategist Bob Iaccino joins Catalysts to detail how Fed interest rate cuts and asset inflation could fuel a jump in gold futures (GC=F). Gartner Vice President and Team Manager of Automotives, Transportation, and Cross Manufacturing Mike Ramsey also sits down to explain the future of Tesla's (TSLA) Supercharger network and the EV maker's plans for its full self-driving autonomous vehicles down the line. Other notable guests this hour include Santander US CEO Tim Wennes (SAN) and Gen Digital CEO Vincent Pilette (GEN). This post was written by Luke Carberry Mogan...
Continue ReadingTrends in artificial intelligence are boosting demand for “edge computing,” which shifts more processing to users’ devices. That could be good news for Apple...
Continue ReadingWarren Buffett, the esteemed CEO of Berkshire Hathaway and a symbol of prudent investing, is known for his simple lifestyle and frugal choices, despite his billionaire status. Buffett used a $20 flip phone for years, even after investing billions in Apple, a company synonymous with cutting-edge technology. This continued use of a basic phone highlighted his preference for simplicity and practicality. Don't Miss: Warren Buffett flipped his neighbor's $67,000 life savings into a $50 million fortun...
Continue ReadingAlphabet's share buybacks and potential dividend growth rate offer positive prospects for shareholders. Read why I see GOOG in a more positive light now...
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Continue ReadingComprehensive Analysis of Jamf's First Quarter Financial Performance...
Continue ReadingAt Apple Inc., Tim Cook's announcements boost stock as new iPad and AI developments drive positive performance. Read more about AAPL stock here...
Continue ReadingQ1 2024 Applied Optoelectronics Inc Earnings Call...
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